Cryptocurrency mining chips have "high electricity consumption and high heat discharge" which increases the likelihood of fire, as reported by South Korea's news outlet Kyunghyang.
The Public Utility District (PUD) 3 passed a moratorium which puts a hold on Bitcoin mining and allows officials to study the effects of cryptocurrencies.
HyperBlock has opted for an all-stock deal worth $82.8 million (C$106 million) to merge the interests of both companies and provide stronger developments in cryptocurrency mining.
Intel says that the hardware will include "a processor core and a hardware accelerator coupled to the processor core, the hardware accelerator to mine digital currency."
Venezuela's President, Nicolas Maduro, has launched "Plan Chamba Juvenil Digital (Youth Digital Work Plan)", a cryptocurrency mining program for young citizens.
Ukraine's capital, Kiev, is planning to introduce cryptocurrency mining as an economic activity in the state register to allow a relaxed environment for the crypto community.